Gender differences in management of family firms-A review

Jency Francis, Dr. Antony Thomas

The study on gender differences in management of family firms aims to investigate the fact that a sizable portion of these family businesses are owned and managed by women and there are many distinct differences between male and female managers with regard to business performance. Still there has been minimal study of gender issues in family business management. This article provides a comprehensive review and a critical assessment of the gender issues in family business research. From the major predominant theoretical perspectives, the study made a comprehensive review of the areas namely succession, management, conflict management, financial performance and survival and accordingly, joint approaches combining different theoretical frameworks can help to improve understanding of the family business which further contributes to extending gender theories.